Company Valuation: Nichols plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 550.2 391.2 415.8 463.9 348.9 380.3 - -
Change - -28.89% 6.3% 11.56% -24.8% 9.01% - -
Enterprise Value (EV) 1 493.5 334.9 348.8 408.8 293.1 313 303.5 294.5
Change - -32.13% 4.15% 17.18% -28.28% 6.78% -3.03% -2.97%
P/E -24.9x 33.7x 22.7x 26x 16.4x 14.5x 13.6x 13.3x
PBR 5.92x 4.42x 4.27x 5.52x 3.7x 3.66x 3.43x 3.21x
PEG - -0x 0.4x -8.66x 0.8x 0.6x 2.04x 5.61x
Capitalization / Revenue 3.81x 2.37x 2.44x 2.68x 1.99x 2.08x 2x 1.93x
EV / Revenue 3.42x 2.03x 2.04x 2.37x 1.67x 1.71x 1.6x 1.5x
EV / EBITDA 20.8x 11.5x 12.7x 13.3x 8.67x 8.68x 7.91x 7.3x
EV / EBIT 22.5x 13.6x 13.8x 14.2x 9.25x 9.29x 8.43x 7.77x
EV / FCF 26.4x 22.2x 17.9x 25.5x 22.9x 11.2x 10.4x 9.57x
FCF Yield 3.78% 4.51% 5.6% 3.93% 4.37% 8.92% 9.6% 10.5%
Dividend per Share 2 0.231 0.277 0.282 0.32 0.337 0.4488 0.4995 0.5212
Rate of return 1.55% 2.58% 2.47% 2.52% 3.53% 4.32% 4.8% 5.01%
EPS 2 -0.6004 0.3182 0.5032 0.4881 0.5833 0.7153 0.763 0.781
Distribution rate -38.5% 87.1% 56% 65.6% 57.8% 62.7% 65.5% 66.7%
Net sales 1 144.3 164.9 170.7 172.8 175.1 182.5 189.9 196.7
EBITDA 1 23.7 29.12 27.54 30.77 33.8 36.05 38.38 40.35
EBIT 1 21.92 24.6 25.19 28.86 31.7 33.68 35.99 37.91
Net income 1 -22.17 11.64 18.36 17.84 21.44 26.29 28.12 23.23
Net Debt 1 -56.67 -56.3 -67.03 -55.18 -55.74 -67.32 -76.82 -85.83
Reference price 2 14.92 10.72 11.40 12.70 9.54 10.40 10.40 10.40
Nbr of stocks (in thousands) 36,861 36,476 36,478 36,530 36,570 36,570 - -
Announcement Date 3/2/22 3/1/23 3/6/24 3/11/25 3/11/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.54x1.71x8.68x4.32% 511M
26.4x8.17x23.38x2.4% 381B
15.72x2.7x11.34x2.96% 42.95B
20.49x1.81x11.32x2.2% 24.79B
16.66x1.46x7.19x4.49% 19.47B
44.47x5.91x25.71x0.42% 15.99B
11.15x1.9x10.9x4.11% 15.26B
16.92x0.72x5.39x2.47% 9.48B
25.44x1.9x8.73x2.12% 8.26B
Average 21.31x 2.92x 12.52x 2.83% 57.49B
Weighted average by Cap. 24.77x 6.66x 20.32x 2.51%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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